The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
Answer:
first change any decimal to a whole. -4(175+x)=18. Then times -4 by 175 and x, -700+ 4x =18. Then add +700 to -700 which equals just 4x ,then add +700 to 18, which is 4x = 718. then divide both sides by 4 and estimate. x= 180
Step-by-step explanation:
Answer: 14,000 i think
Step-by-step explanation:
Answer:
19%
Step-by-step explanation:
<h3>
Answer: 81</h3>
Work Shown:
x = number of cats
(4 cats)/(5 dogs) = (x cats)/(45 dogs)
4/5 = x/45
4*45 = 5x
180 = 5x
5x = 180
x = 180/5
x = 36
There are 36 cats and x+45 = 36+45 = 81 cats and dogs total.
